Reading Vacancy Risk Before Buying
Vacancy risk is not just a suburb number; investors should read supply, dwelling type, rent level and tenant fit before buying.
Vacancy risk is not just a suburb number; investors should read supply, dwelling type, rent level and tenant fit before buying.
School zones can strengthen buyer demand, but they should be weighed alongside the property’s fundamentals, price and long-term fit.
January 2025 was a seasonal restart for Victoria’s auction market, with early Domain data showing minimal New Year activity before campaigns rebuilt for February.
December 2024 ended the year with Melbourne buyers still active before the festive slowdown, while published PropTrack figures showed a 57.1 percent mid-month clearance rate.
November 2024 kept Victoria’s auction market busy before Christmas, but published PropTrack commentary still pointed to a buyer-favouring Melbourne market.
Updating a Melbourne period home works best when repairs, comfort and function support the character rather than competing with it.
October 2024 showed Melbourne’s spring auction market active but selective, with Domain’s safely available late-month result showing a 59 percent clearance rate.
Apartments near Melbourne transport hubs can offer convenience and rentability, but buyers should balance access with noise, building quality and owner costs.
September 2024 brought more spring auction activity, with the latest safely available Domain result showing 1,129 scheduled Melbourne auctions and a 60 percent clearance rate.
Older Melbourne homes can offer character and location, but buyers need to inspect structure, moisture, wiring, extensions and layout with care.